KUALA LUMPUR: Here is a recap of the announcements that made headline in Corporate Malaysia.
Sime Darby Bhd
’s wholly owned subsidiary, Sime Darby Holdings Bhd, will appeal against tax assessments totalling RM150.2mn, including penalties, issued by the Inland Revenue Board for the years of assessment 2017 to 2023.
Genting Bhd’s CEO, Datuk Seri Tan Kong Han, acquired 400,000 shares for a total of RM624,000 on Oct 12, as the group’s share price fell to a near two-decade low.
The Malaysian Anti-Corruption Commission will collaborate with the police to investigate a matter involving My EG Services and Zetrix AI Bhd following an official complaint received on Oct 7.
Critical Holdings Bhd’s contract value for cleanroom-related works at Kulim Hi-Tech Park, Kedah, has increased to RM226.7mn from RM152.6mn following a revision to the scope of work.
Kelington Group Bhd has secured an RM128.0mn contract to design and construct ultra-high-purity deionised water generation and wastewater treatment systems for an advanced data storage manufacturing facility at the Sama Jaya Free Industrial Zone in Kuching, Sarawak.
Lianson Fleet Group Bhd has acquired a Japanese-built bulk carrier for USD23.0mn (RM93.9mn) as part of its strategy to expand its marine transportation fleet and diversify beyond offshore support vessels.
Land 33 Bhd is acquiring a 4,287 sq m freehold land parcel in George Town, Penang, for RM32.3mn to expand its property development portfolio and unlock the land’s development potential.
Pantech Global Bhd’s has entered into an agreement to dispose of a 435,874 sq ft freehold land parcel in Klang, Selangor, to Veltrix Land Sdn Bhd for RM31.7mn.
Binasat Communications Bhd has proposed a private placement of up to 60.4mn new shares, representing 10.0% of its issued share capital, to raise approximately RM4.2mn.
CTOS Digital Bhd expects its recent cybersecurity breach to reduce FY26 revenue by RM16.0mn and profit after tax and minority interests by RM12.0mn.
Censof Holdings Bhd has secured an RM10.8mn contract from the Malaysia Co-operative Societies Commission to develop a new financial system.
AHB Holdings Bhd has entered into a joint venture agreement with Seri Beskaya Sdn Bhd to establish a special purpose vehicle focusing on the trading of generator sets, power generation systems, accessories, components and related services.
Jati Tinggi Group Bhd has clarified that there have been no material changes to its operations or projects following a sharp decline in its share price, which fell by nearly a third during intraday trading before recovering at market close.
RedPlanet Bhd’s IPO was oversubscribed by 85.3 times ahead of its transfer listing from the LEAP Market to the ACE Market on Oct 22.
NWE Resources Group Bhd’s IPO was oversubscribed by 2.8 times ahead of its ACE Market debut on Oct 21.
